Porsche shares plunge after announcing EV rollout delay
Porsche’s stock tumbled by more than 7% on Monday after warning last week that delays in its electric vehicle (EV) rollout will dent the carmaker’s…
Tag: BYD
BYD shares slide as China’s EV price war hits profits
Shares in Chinese electric vehicle maker BYD slid by as much as 8% on Monday after it reported a drop in profit because of a…
BYD’s Profit Margin Looks Good Amidst Price War Allegations
A hot topic in the EV world lately has been a reported “price war” controversy in China, and perhaps extending a bit beyond that. Some…
Tesla shares rally on reports boss Elon Musk is leaving the US government after Doge backlash
Tesla has fallen further behind Chinese rival BYD after another sales slump – but its shares rose yesterday on reports boss Elon Musk is leaving…
EU hits Chinese electric cars with new tariffs
The European Union has raised tariffs on Chinese electric vehicles, as Brussels takes action to protect the bloc’s motor industry. The new tariffs on individual…